Dogwifhat Prediction: Binance Listing News Leads WIF to Surge 13% as Speculation Grows that Solana’s Competitor, Smog, Might be Next

Dogwifhat Price surged Investors scrambled to buy the meme coin as it rose over 13% to $1.85 at 7:45 am EST.

#Binance List @dogwifcoin $WIF Seed Tags are Applied.

➡️ https://t.co/zlKeAgCLO6 pic.twitter.com/76nuDTbsAO

— Binance (@binance) March 5, 2024

Binance’s announcement that WIF will be listed on its platform prompted the price increase by Solana. Today, Binance announced in an X post that it added several trading partners for Dogwifhat These trading pairs include BTC, USDT, FDUSD and TRY. These trading pairs includes BTC, USDT FDUSD, and TRY.

Dogwifhat Price Is Not Consolidated

Chart for 4-hour WIF/USDT (Source) TradingView)

You can also find out more about the following: Dogwifhat In the last 8 hours, price broke out of a channel that was used for short-term consolidation between $1.29825 to $1.78722. In the past 24 hours, a negative trendline had formed on its 4-hour graph. If the meme coin is able to close a 4-hour candles above $1.78722, then it will have the basis needed to continue its rise in the 48-hour period.

This bullish hypothesis could be invalidated by the Dogwifhat’s price failing to close a four-hour candle above $1.7872 within the next 24 hours. In an alternative scenario, meme coin could retrace its steps within the consolidation channel mentioned above to test the $1.29825 level of support. Continued sell-pressure could expose the cryptocurrency to the risk that it will correct to the subsequent $0.76855 support level in the short term.

Dogwifhat price may continue to rise as technicals flag bullish

Technical indicators on WIF’s chart of 4 hours suggest that Dogwifhat may continue to climb in the next few days. Moving Average Convergence Divergence is close to triggering a major technical bullish flag. The MACD line is trying to cross over the MACD Signal. This potential intersection, which indicates that a cryptocurrency has entered a bullish period, is usually regarded by traders as a buying signal.

The Relative Strength Index Line (RSI) is also rising toward its Simple Moving Average Line (SMA) on the 4-hour Chart. In the last eight hours, it tried to break above the SMA but was rejected. Investors should still keep an eye on a possible crossover between these lines. The rising RSI line indicates that sellers are now stronger than buyers. SMA is positioned over the RSI, indicating that bears remain dominant. However, the gap between RSI and SMA has significantly narrowed. The bulls have a chance to take the lead and possibly drive the Dogwifhat rate higher if the decide to seize this moment.

Then, Dogwifhat Investors wonder if Solana meme coin is a competitor as the price of bitcoin could skyrocket over the coming days. Smog Can be next Binance listings are available to those who wait in line.

Smog hits three new miles

Smog is the newest meme coin to join the growing Solana meme coin market. The dragon-themed cryptocurrency has soared in price over the past few weeks, reaching a new high above $0.127.

Smog’s number also grew from 32k in Mar. The number of Smog holders also jumped from 32k in March 1 to 43k within 48 hours. Jupiter, a decentralized exchange has also added Smog’s name to its list of strict tokens. It means it has been approved as a token by the platform development team. This adds a layer to the validity of the young meme currency.

Prior coins like Bonk, Myro, and Dogwifhat have also gained meme coin fame due to the hype surrounding Solana.

Smog could be the next big thing to come out of Binance, with the opening up of trading on their platform for WIF and Bonk. next Binance will soon be adding SOL to their extensive list of cryptocurrency trading options.

Many investors are excited about the prospect of Smog joining Binance’s crypto elites. 

You Can Experience the Binance Effect

Binance listings have led to significant price increases for many altcoins. Crypto investor Ren & Heinrich performed an analysis On Jan. 4, 2023, on the impact of a Binance listing on an altcoin’s price.

🐲 #Dragons, complete your daily #Airdrop Quests for a better understanding of the world. #Zealy! 🚁

More quests = higher leaderboard rank! 📊

Join the largest #Sol Airdrop is the best! 🪂 https://t.co/3EQxvQwsw3

— SMOG (@SMOGToken) February 22, 2024

Newly-listed cryptos saw their prices soar by more than 73% in the first 30 day. Altcoins’ prices also skyrocketed by 41% within the first 24 hours.

Before spot Bitcoin ETFs opened up the crypto market to the mainstream, the crypto industry was a niche. financial sector.

Smog is rumored be listing on the top exchanges in the near future, which could lead to explosive gains. 

SMOG is available for purchase here.

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